| 31. | Without the support of public confidence, any fixed exchange rate regime will lack credibility.
|
| 32. | This unsustainable situation eventually forced the entrant Zedillo administration to abandon the fixed exchange rate.
|
| 33. | That is one reason why floating exchange rates may be superior to fixed exchange rates.
|
| 34. | In the 19th century it occurred under the fixed exchange rates of the gold standard.
|
| 35. | Empirical studies show that fixed exchange rate regime is the main reason of liability dollarization.
|
| 36. | A currency board would introduce a fixed exchange rate for the rupiah against the dollar.
|
| 37. | Without a fixed exchange rate, he warned, the rupiah will plunge and inflation will soar.
|
| 38. | The measures include a fixed exchange rate and ban on trading of Malaysian stocks overseas.
|
| 39. | Stocks recovered after the government denied speculation it would abandon its fixed exchange rate policy.
|
| 40. | Fixed exchange rates for the currencies against the euro:
|